Greenland, SD Economy


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Greenland, SD is a small town located in South Dakota near the Missouri River. It is home to many local businesses and amenities that make it an ideal place to live. Unlike many other towns its size, Greenland has a low cost of living including 2 bedroom rent at just $820 per month compared to the US average of $1,430. Grocery costs are also below average—99 versus 100 in the US—allowing residents to save even more money. There are a variety of local shops, restaurants, and businesses available for locals to enjoy such as Johnson's Home Furnishings, Larson's Grocery Store, and Mark's Auto Sales. In addition there are plenty of recreational activities such as camping in nearby parks or fishing along the Missouri River. Greenland is a great place for anyone looking for an affordable city with plenty of entertainment options.

Greenland has an unemployment rate of 2.9%. The US average is 6.0%.

Greenland has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Greenland
- The Sales Tax Rate for Greenland is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Greenland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Greenland
- The average income of a Greenland resident is $32,173 a year. The US average is $28,555 a year.
- The Median household income of a Greenland resident is $117,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenland, South DakotaUnited States
  2.96
  -1.1%-6.2%
  29.1%33.5%
  4.5%6.2%
  0.0%4.6%
  $45,477$37,638
  $117,500$69,021
  $136,157$85,028
  Population by Occupation
  11.1%1.2%
  0.0%0.5%
  3.5%6.8%
  5.0%10.0%
  0.0%2.5%
  3.0%11.0%
  9.0%4.8%
  0.0%0.8%
  0.0%1.9%
  9.0%4.7%
  0.0%1.9%
  6.5%7.6%
  0.0%0.1%
  1.0%4.2%
  2.0%9.3%
  17.1%14.0%
  2.0%2.1%
  9.5%7.0%
  3.5%4.8%
  17.6%4.7%
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